MEDIAZEST PLC - New Contract Wins

MEDIAZEST PLC - New Contract Wins

PR Newswire

                                 MediaZest Plc

               ("MediaZest", the "Company" or "Group"; AIM: MDZ)

                               New contract wins

MediaZest, the creative digital out-of-home advertising company, is pleased to
announce several new contract wins which are in line with the Company's policy
of improving its recurring revenue base.

Current trading in H1 `15

Several new service contracts have been signed including a three year deal with
an existing client to rationalise their estate costs which will help to provide
additional surety and visibility of revenue for the Company.

In total new service contract revenue confirmed for the next three years
exceeds £85,000 during the current half year (April to September 2014).

Ongoing work in Q2 `15

The Group is providing development and installation services for four
substantial new projects this current quarter. These projects have combined
initial revenues of £320,000 and the potential to realise both significant
additional future project work and ongoing revenue streams. Three of them
relate to new concept store developments with potential for roll out at a
future date.

The Company was delighted to be invited to work again with Samsung further
during July 2014 on their flagship CIO marketing summit, the Futurescape event.
This was intended to bring together senior industry decision makers, analysts
and opinion formers to discuss the future of technology in the business
enterprise and travel sectors. The event showcased Samsung's latest technology
for these sectors first hand through a series of specially designed and themed
experience zones. These zones incorporated some third party solutions including
several from MediaZest, along with bespoke content also provided by the
MediaZest team.

Geoff Robertson, MediaZest CEO commented: "These new business wins are
significant in their value but also in the nature of the work being delivered.
By delivering projects with greater potential for recurring revenue streams and
larger scale roll outs of technology, the Board believes it can best deliver
value to shareholders. Pipeline opportunities are strong and the Board expects
to announce more significant new business wins before the end of the half
year."


Enquiries:

Geoff Robertson
Chief Executive Officer
MediaZest Plc                                   020 7724 5680

Gavin Burnell / Edward Hutton
Nominated Adviser
Northland Capital Partners Limited              020 7382 1100

Claire Noyce / Niall Pearson
Broker
Hybridan LLP                                    020 3713 4581 / 4583


Notes to Editors:

About MediaZest

MediaZest is a creative media agency that specialises in providing innovative
marketing solutions to leading retailers, brand owners and corporations, but
also works in the public sector in both the NHS and Education markets. The
Group supplies an integrated service from content creation and system design to
installation, technical support and maintenance. MediaZest was admitted to the
London Stock Exchange's AIM market in February 2005. For more information,
please visit www.mediazest.com
Anonymous (not verified) New Contract Wins 21944220 A Fri, 08/08/2014 - 07:00 Company Announcement - General MDZ